Sentences with phrase «count against the debt»

You may say that this is an artificial distinction, because the Fed is effectively part of the government; but legally, the distinction matters, and the debt bought by the Fed counts against the debt ceiling.
If you have the reserves you then it does not count against the debt limit.
Student loans count against your debt - to - income ratio when you complete an application for many different types of new borrowing accounts.
Your student loans count against your debt - to - income ratio (DTI) and can influence your credit score and buying power.

Not exact matches

In line with accounting conventions, interest on the National Debt is treated as part of public revenue expenditure, and therefore counts against the annual PSNCR.
The ballot measure would keep in place for another 10 years a half - century old exemption that allows local governments to keep the debt they incur for improving sewer systems from counting against their constitutionally mandated debt limits.
@DVK - That is the point you an IOU is debt that would count against the limit.
Cuomo and the legislature agreed in 2013 to exempt borrowing by the state Dormitory Authority, which is controlled by Cuomo appointees, from being counted against the state's legal borrowing cap because they said taxpayers won't be liable for the debt.
Because the Board has issued alternate revenue bonds for which property tax levies are not extended, these bonds do not count against the legal debt limit imposed by the Illinois School Code.
Not having any credit history will count negatively against you as financial institutions will want to see a record of how you manage debt.
If you fail to follow these rules, you may not be able to use the funds or the gift could be counted against you as debt.
Of course, the best thing about a secured credit card is that your debt settlement history likely doesn't count against you like it does with other credit cards.
Whether debt settlement counts against you in a credit check depends on what you're applying for.
While debt settlement would then show up in a credit check, it won't always count against you.
And a student loan balance doesn't count against you as much as credit card debt.
However, old, unsettled debt likely counts as the biggest strike against you.
But he had to count my 180k in student loan debt against the mortgage loan so could only offer me $ 100k.
Debt collectors are counting on you not filing an answer to a lawsuit and getting a default judgment against you.
Many financial institutions will see that large debt on your credit score and count it against you when deciding whether to extend their services, even if you're not actively responsible for the loan.
Where the debt limitation covenant in a lending agreement with the bank is ambiguous as whether or not a particular form of financing counts against the limit — should we risk being sued by the bank if we think that we need that financing?
Many financial institutions will see that large debt on your credit score and count it against you when deciding whether to extend their services, even if you're not actively responsible for the loan.
This means paying down outstanding credit card debt, living within your means, avoiding late payments, and reviewing your credit history to ensure there are no mistakes counting against you.
Financed cars, boats, trucks, TVs, computers, and the like are a double whammy, as they are not assets that serve the goal of financial freedom, and the debts must be counted against their financial position.
Castro also announced that FHA is reducing the amount of deferred student debt, from 2 percent to 1 percent, that counts against a borrower's debt - to - income (DTI) ratio.
Personal debts do not count against you.
It's this exact reason why some people will tell you to pay off your car or your student loan or your credit card debt before applying for a mortgage as all that debt counts against you.
The entire debt also goes on co-signers» credit reports, which counts against them if they apply for a mortgage or other form of credit.
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